host: john buckley. guest: i could not agree more. i believe the economic impact of increasing taxes on the top 2% has been exaggerated, the negative consequences. i believe the caller is absolutely correct that the economic will be an of wealthy individuals in this economy requires a robust middle-class was demand for the goods and services that corporations produce. that is why it's easy for me to be a democrat. you need to help the middle class. if the other upper-income people to the view that there are going to have to be sacrifices in order to solve our budget, the question is what group do you mask to make the sacrifice first? that is where i believe president obama is exactly correct. now, i would also say that the upper-income people, their businesses will be better if the sacrifice is first at the upper level and not by taking away social security or medicare benefits that reduced demand in this society for other goods and services. there is an economic argument that i think is beginning to see more of, which is essentially